Q-Free ASA - Share Issue/Capital Change 2021

Q-Free: Share capital increase registered

Reference is made to stock exchange releases 8 and 12 February 2021, related to

conversion notices for the subordinated Convertible Bond Loan issued by Q-Free

ASA 18 May 2020.

The share capital increase has now been registered in the Norwegian Register of

Business Enterprises.

Q-Free ASA's new share capital is NOK 42,272,878,08 divided into 111,244,416

shares with a par value of NOK 0.38 per share. Each share gives one vote at the

Company's general meeting.

The new shares will be issued on a separate ISIN until a listing prospectus for

the new shares has been approved by the Norwegian Financial Supervisory

Authority and published by the Company.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

About Q-Free:

Q-Free ASA (OSE: QFR) is a global innovator in intelligent transportation

systems that improve traffic flow, road safety, and air quality. With an open,

collaborative approach to tolling, traffic and active transportation management,

Q-Free works with customers and partners on every continent to digitize

infrastructure and overcome modern mobility challenges for the greater good of

society.

Headquartered in Trondheim, Norway, Q-Free has annual revenues of approximately

1 billion NOK and employs approximately 380 transportation innovators, experts

and enthusiasts. To learn more about how Q-Free is changing the movements of

life, visit www.q-free.com or Twitter:@Q-FreeASA

AI assistant